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    jazmin's Avatar
    jazmin Posts: 1, Reputation: 1
    New Member

    May 14, 2007, 06:34 PM
    Demand and supply
    What effect will a rise in the price of a product have on its demand and its supply?
    Skell's Avatar
    Skell Posts: 1,863, Reputation: 514
    Ultra Member

    May 14, 2007, 06:59 PM
    I have an idea but I would like to know what do you think first?
    Sharpe's Avatar
    Sharpe Posts: 8, Reputation: 1
    New Member

    Jul 5, 2007, 04:28 PM
    If the price is risen then the demand will go down because people don't want to spend more money. Its supply will go up because the producers are more willing to make expensive stuff

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